ProcessUnity, a Concord, Massachusetts-based risk management software company, raised $5m in Series C funding.
The round was led by Rose Park Advisors’ Disruptive Innovation Fund.
The company intends to use the capital to expand marketing and sales of its SaaS solutions.
Led by Todd Stone, president and CEO, ProcessUnity offers two distinct solutions:
– Risk Suite, which addresses increased information security threats and regulatory mandates, and
– Service Delivery Risk Management (SDRM), which addresses increased complexity, cost pressures, and delivery risk for financial service providers.
Customers range from large commercial enterprises to independent consultants.